HENDERSONVILLE, Tenn. — The Canadian hotel industry reported mostly positive results in the three key performance metrics during the week of Aug. 14 to 20, according to data from STR.
Occupancy decreased 0.8 per cent to 79.4 per cent year-over-year, however, average daily rate for the week was up 4.7 per cent to $161.13, and revenue per available room increased 3.9 per cent to $127.92.
Nova Scotia recorded the largest year-over-year increases in each of the three key performance metrics. Occupancy rose 6.1 per cent to 90.3 per cent; ADR increased 10 per cent to $147.90; and RevPAR grew 16.7 per cent to $133.49. Two additional provinces saw a double-digit rise in RevPAR for the week: P.E.I. (up 10.4 per cent to $174.10) and New Brunswick (an increase of 10.3 per cent to $116.29).
Saskatchewan reported the steepest declines across all metrics. Occupancy fell 10.3 per cent to 57.5 per cent; ADR was down 6.7 per cent to $120.18; and RevPAR dropped 16.3 per cent to $69.06. Two other provinces experienced a double-digit decrease in RevPAR: Newfoundland and Labrador (down 13.7 per cent to $130.20) and Alberta (dropping 12.5 per cent to $97.22).
